Cathie Wood, founder of ARK Invest, has indicated the possibility of an unexpected change in Bitcoin’s traditional four-year cycle. She believes that the current market cycle has already passed its lowest point. According to her prediction, Bitcoin’s prices may stabilize or rise in the near future, deviating from the usual four-year bull and bear market pattern. Bitcoin, the world’s largest and most well-known cryptocurrency, typically undergoes phases of decline and growth linked to its halving events, where mining rewards are cut in half, often leading to significant price movements. This traditional cycle has helped investors anticipate market trends, but Wood suggests that current conditions could disrupt this pattern. ARK Invest, known for its focus on innovative and future technologies, is recognized for its unique insights and analytical reports in the financial world. Wood’s forecast is particularly significant given her long-term support for investing in Bitcoin and other crypto assets. If Bitcoin’s four-year cycle indeed changes, it could impact not only Bitcoin’s price but also the overall direction of the cryptocurrency market. Investors are advised to consider this possibility in their strategies and remain alert to evolving market trends. Given the inherently volatile and risky nature of cryptocurrency markets, this potential shift calls for increased caution.
Source: binance
